1
The unlock quantity and schedule for the APEX token are incorrect.
- Open
- Subscribe
|
J |
Jay |
Hello I am Jay, I am ApeX operation Manager. The Max Supply of APEX tokens was originally 1,000,000,000, but after four burning events, the current Total Supply is now 500,000,000. As of now, the Circulating Supply stands at 48,213,462 APEX tokens. On February 10, 2025, 10,000,000 APEX tokens will be unlocked. Aside from this event, there are no other planned token unlocks. The Circulating Supply information can check from CG， www.coingecko.com/en/coins/apex-token
Activity Newest / Oldest
Jay
who can help to update this infromation?
Poomrapee
Thank you for your feedback, we currently use this website as unlock schedue ref: www.apex.exchange/blog/detail/apex-token-supply-distribution, and also this burn announcement from Tokenomics Revamp blog: www.apex.exchange/blog/detail/APEX-Tokenomics-Revamp.
Based on the Tokenomics Revamp blog, there were no specification of a new unlock schedule or from which allocation will the tokens be burned so we've kept the schedule as is and put on a disclaimer of the burn announcement on the top of token page.
Jay
Hello Poomch, thanks your reply. This blog has no info on the esAPEX12 strategy that’s why you guys are misguided~
Please check this blog: www.apex.exchange/blog/detail/APEX-Tokenomics-Update-esAPEX12-Deployment-and-Launch-of-the-Buy-Back-and-Share-Program
Jay
Hello Poomch, any feedback? Can you help ue update new data for our APEX token?
Poomrapee
So if I'm understanding correctly the Bonding Curve will take in the tokens unlocked from the original schedule and make it available for 3rd party purchase with a 12 month lock up?
Jay
The user purchased esAPEX12, which has a 1:1 value ratio with the APEX token. The purchase price is 60% of the current APEX price. However, to convert esAPEX12 into APEX, a 12-month staking period is required.